One of the largest companies in Philippines is owned by Henry Sy who is the brain behind the SM malls. This coming 2018 they are planning to create the largest mall in the world.
Being one of the largest contributor in the economy of the Philippines, the market value of the company is the largest in the country.
SM Megamall 474 000 square meters and SM North Edsa 498 000 meters are both to be the giant malls the SM Prime has made he in Philippines. Not only that they also have condominiums known as SMDC.
There are also SM Malls in China locoted in Zibo, Xiamen, Chongqing, Suzhou, Jinjiang, and Chengdu. SM Xiamen is also an environmental friendly mall as it’s a first solar powered mall. Meanwhile SM jinjang uses ice for their cooling system.
SM Prime plans to build a giant mall that will cost $483 million. The mall will be located in Tianjin China alongside the vast retail shops. They also planning to create an atmosphere of `relaxation paradise and entertainment` so there will be a Discovery Center, Gym, 5 star Cinema, Ice Skating Rink and Aquarium.